Iraq seals oil deal with BP, CNPC
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Iraq's Oil Minister al-Shahristani talks to BP's chief executive ...Source: Reuters -
Iraq's Oil Minister al-Shahristani watches as BP's chief executive ...Source: Reuters -
Hayward, BP's chief executive, signs the oil contract during a signing ...Source: Reuters -
Iraq's Oil Minister al-Shahristani attends a contract-signing ceremony ...Source: Reuters -
Iraq's Oil Minister al-Shahristani stands next to Hayward, BP's chief ...Source: Reuters -
Iraq's Oil Minister Hussein al-Shahristani laughs with Tony Hayward, ...Source: Reuters -
Iraq's Oil Minister Hussein al-Shahristani applauds next to Tony ...Source: Reuters -
Tony Hayward, BP's chief executive, sits next to British ambassador to ...Source: Reuters -
Jaafar, head of the Southern Oil Company, exchanges agreement ...Source: Reuters -
Dhia Jaafar, head of Southern Oil Company, shakes hands with Jiang ...Source: Reuters -
Jiang Jiemin, Chairman and the General Manager of CNPC, listens to ...Source: Reuters -
Dhia Jaafar, head of the Southern Oil Company, shakes hands with Tony ...Source: Reuters -
Iraq's prime minister Nuri al-Maliki receives the new Dutch Ambassador ...Source: Reuters
The consortium is expected to increase the current production of about 1 million barrel per day (bpd) to 2.8 million bpd within the coming six years. Shahristani said in a speech that such contract opened "a new age" for Iraq oil production, emphasizing that his ministry had been working to...
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READ MORE: Iraqi, Rumaila, oil deals, million barrels, million bpd, CNPC, iraq signing, oil field, boost production, BP PLC
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News Stories
- News Source: Asian Wall Street Journal | 25 days agoIraq is expected to award its giant West Qurna-1 oil field in southern Iraq to a consortium comprising Exxon Mobil Corp. and Royal Dutch Shell PLC, a senior Iraqi oil official said. The decision will come later Wednesday, said the official, who is...
- News Source: Press TV | 25 days agoThe 20-year contract is expected to triple production at the southern oilfield, from the current one million barrels per day (bpd) to around 2.8 million bpd within a six-year period. "With these contracts Iraq has started a new phase," AFP quoted oil...
- News Source: The Scotsman | 25 days agoIraq's first big new oil deal since the 2003 invasion, snapping up a development deal for the Rumaila oilfield, one of the world's biggest. The 20-year contract for the southern oilfield is the first of several deals Iraq expects to sign in the...
- News Source: Times Online | 25 days agoThe East Baghdad oilfield is believed to contain 8.1 billion barrels of crude — more than twice the level of reserves left in the North Sea. It is one of ten oilfields and one gasfield that the Iraqi Government is likely to offer in a second round...
- News Source: Sydney Morning Herald | 25 days agoTuesday to almost triple production at a giant southern oilfield. "The two companies will invest $US50 billion ($A55.25 billion) in the project," Oil Minister Hussein al-Shahristani, told reporters. The 20 year-contract is expected to boost...
- News Source: Xinhuanet.com | 25 days agoThe consortium is expected to increase the current production of about 1 million barrel per day (bpd) to 2.8 million bpd within the coming six years. Shahristani said in a speech that such contract opened "a new age" for Iraq oil production,...
Blogs
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- Blog Source: scneilson.comLast month, Iraq signed off a deal with Britain's BP and China's CNPC. The two oil companies will develop the giant southern oilfield in Rumaila. The project aims to almost triple output at the 17-billion-barrel field - increasing it by ...
- Blog Source: www.energy-pedia.comThe consortium led by BP (38%) with partners CNPC (37%) and the Iraq government's representative State Oil Marketing Organisation (SOMO – 25%), has agreed to nearly triple the Rumaila field's output to almost 3 million barrels of oil a ...
- Blog Source: www.makatilocal.comThe project could be Iraq's second major contract with overseas oil firms since the US-led invasion in 2003. Last month, Iraq signed off a deal with Britain's BP and China's CNPC. The two oil companies will develop the giant southern ...
- Blog Source: www.washingtonexaminer.comThe deal is also the second which CNPC has reached in Iraq since the invasion — an agreement reflecting energy hungry China's push to fuel its growing economy. CNPC last year struck a $3 billion deal to develop the al-Ahdab oil field in ...
- Blog Source: www.democraticunderground.comIraq's cabinet has ratified a deal with two foreign energy companies to develop the giant southern oilfield in Rumaila. The contract with Britain's BP and CNPC of China is the first major deal with foreign firms to be signed since an ...
- Blog Source: www.dinarrumor.comIraq's Oil Ministry said it will sign a final deal on Tuesday with BP and China's CNPC to develop its biggest oilfield, Rumaila, the nation's first major oil pact since the US invasion in 2003. ... Eni has said it expects to invest $10 billion in
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Videos
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- Video Source: www.truveo.comIraqi cabinet approves first ...Video Source: www.truveo.comIraqi cabinet approves first major oil deal
- Video Source: www.truveo.comThe British Take Baghdad and ...Video Source: www.truveo.comThe British Take Baghdad and Make Oil Deal . . . in 1917!
- Video Source: www.truveo.com
- Video Source: www.truveo.com
- Video Source: www.truveo.comIraq and China sign oil deal - ...Video Source: www.truveo.comIraq and China sign oil deal - 13 Nov 2008
- Video Source: www.truveo.com
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